Quote Originally Posted by Sarmatian View Post
The only country left in the near vicinity of Europe that has huge amounts of gas, or better to say enough to be a reliable long-term supplier, is Iran.
The distribution of Iran gas to Europe remains a big problem. There is no doubt that the transport of Iranian natural gas to Europe through Turkey would provide an attractive alternative to European reliance on Russian supplies. But such a deal would certainly also undermine US efforts to isolate Iran's oil and gas economy. As a matter of fact, although Iran and Europe hold a mutual attraction over their natural gas interests, the US is still opposed to the trans-Turkey gas sales. The US remains determined to curtail investment in Iran and Europe interests are tempered by US efforts to isolate Iran from the international community. Maybe things will change with Obama...